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Corning Incorporated

GLW

Technology · 163.94 -1.2% today

Isolated · not yet confirmedMarket checked 10 Sept, 15:35 GMT-4

Market read

Corning Incorporated's current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 16 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.

Company-1.2% todayVolume comparison unavailable
Market group0 of 16 activeTechnology-Heavy Mixed · unavailable
Disclosed network0 of 4 confirmingNo filing-linked name is confirming now
What would change this read
  • Optical Communications sales and income rose driven by strong demand for Generative AI, datacenter interconnect and fiber-to-the-home products.
  • Net cash used in investing rose $38M year-over-year, primarily driven by higher capital expenditures of $124M.

Invalidation: The isolated read changes if GLW's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Technology · Electronic Components

No new filing conclusion is available. 0 of 16 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 4 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • Optical Communications sales and income rose driven by strong demand for Generative AI, datacenter interconnect and fiber-to-the-home products.
  • Net cash used in investing rose $38M year-over-year, primarily driven by higher capital expenditures of $124M.

Company research

Understand the business, not just the ticker

As of Sep 10, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations600
Usable filing statements169
Verified relationships4
Evidence supporting the case
  • Latest annual revenue changed +19.1% year over year.
  • Operating margin changed +5.9 percentage points in the latest annual period.
  • Net margin changed +6.4 percentage points in the latest annual period.
  • Capital investment and capacity has repeated favorable evidence across 5 filings.
  • Demand and volume has repeated favorable evidence across 5 filings.
Evidence challenging the case

No qualifying adverse evidence was identified; that is not proof there is no downside.

Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 9, 2026

168.47
6m+23.7%12m+133.5%24m+308.6%
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$14.1B+24.6%$1.28+9.3%
2022-12-31$14.2B+0.8%$1.54+1.5%
2023-12-31$12.6B-11.3%$0.68+0.2%
2024-12-31$13.1B+4.2%$0.58+1.2%
2025-12-31$15.6B+19.1%$1.83+0.2%

What management says matters

Persistent and emerging business drivers

Capital investment and capacitypositive · 5 filings
Net cash used in investing activities for the six months ended June 30, 2026 increased by $96 million when compared to the same period last year, primarily driven by increased capital expenditures of $238 million, partially offset by higher realized gains on…
10-Q · Jul 29, 2026
Demand and volumepositive · 5 filings
Automotive The increase in segment net income for both the three and six month periods was primarily driven by increased sales, as outlined above, and profit on higher volumes.
10-Q · Jul 29, 2026
Macroeconomic conditionsmixed · 5 filings
Core net sales, core net income and core earnings per share are non-GAAP financial measures utilized by our management to analyze financial performance without the impact of items that are driven by general economic conditions and events that do not reflect t…
10-Q · Jul 29, 2026
Pricing and mixnegative · 3 filings
Display The decrease in segment net sales was primarily due to the impact from resetting our core rate from 107 to 120 Japanese yen to USD as the comparative period results were not recast and are presented at the 107 Japanese yen to USD core rate.To offset t…
10-K · Feb 12, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 9.4× · EV/sales 9.3×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

163.94-1.2% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 10 Sept, 15:35 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for GLW. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for GLW. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind GLW

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depended on by

TET1 Energy Inc.supplierMay 12, 2026

Our efforts to build a domestic supply chain, including domestic cells to be produced at our G2_Austin facility, domestic polysilicon from Hemlock Semiconductor, domestic wafers from Corning, and domestic steel frames from Nextpower are expected to further bo…

Filing peers

No filing peers are available for this name yet.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 3 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

GLW is currently a Participant in the organic co-movement group Technology-Heavy Mixed. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for GLW; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.